Some employers are not entirely comfortable with their auto-enrolment implementation, feeling like they merely ‘got through it’ due to factors such as scarcity of experience with the new legislation and limited preparation time.
We believe that few employers have since revisited both their implementation and ongoing processes for compliance. In addition, there have been, and will continue to be, a number of clarifications and easements to the early rules many employers may not be aware of these.
We offer employers a three stage ’audit‘. These stages can be taken in isolation if there are concerns over particular areas only.
“The reality is that many firms who tried their hardest to comply with the complex legislation may think they have sorted out their staff auto-enrolment provision but could be in for an expensive fall in the future”Mark Futcher
Partner, Barnett Waddingham
In a Budget remarkable for its lack of attention to pensions, Malcolm McLean explores the government's promise to implement an inflation-linked increase to the LTA.
At a time when finance, HR and payroll departments are already stretched it will be time to go through the auto-enrolment process again and re-enrol those not in a pension arrangement. We offer our Top Ten Tips to ensuring compliance going forward.
This week the Department for Work and Pensions (DWP) published their Automatic Enrolment evaluation report , which painted a relatively positive picture of the delivery of auto-enrolment.
Whether you are a trustee running an occupational scheme, a company offering a master trust scheme or a contract-based scheme, these newsletters help to keep you up to date with elements relevant to your DC arrangement.
In this edition of our PerioDiC newsletter, we summarise the trustee, company, and other elements to be aware of which help with running a defined contribution (DC) scheme.
Welcome to the second PerioDiC - a newsletter summarising the trustee, company, and other elements to be aware of which help with running a defined contribution (DC) scheme.
Join our webinar on Tuesday, 24 May where we’ll be looking at key challenges for hundreds of thousands of SMEs facing auto-enrolment (AE) in 2016 – and how to solve them.
The Budget 2016 might not have seen the widespread changes to the pension taxation system that many had been anticipating – however, there are still key pension considerations to be aware of in the new tax year.